2012 Participants and Objectives under the 2009 Executive Management Incentive Plan
This document lists the senior executives participating in the company's 2009 Executive Management Incentive Plan as of January 1, 2012, including their names and positions. It outlines the main business objective for 2012, which is achieving positive EBITDA before special items, and states that the intermediate performance objectives align with those of the 2012 Management Incentive Plan. The plan is subject to a limit approved by the Management Development and Compensation Committee (MDCC).
EXHIBIT 10.6
PARTICIPANTS AS OF JANUARY 1, 2012
UNDER THE EXECUTIVE MANAGEMENT INCENTIVE PLAN
John V. Faraci | Chairman and Chief Executive Officer | |
John N. Balboni | SVP and Chief Information Officer, Information Technology | |
C. Cato Ealy | SVP, Corporate Development | |
Tommy S. Joseph | SVP, Manufacturing, Technology, EHS&S, and Global Sourcing | |
Thomas G. Kadien | SVP, Consumer Packaging and IP Asia | |
Paul J. Karre | SVP, Human Resources and Communications | |
Mary A. Laschinger | SVP and President, xpedx | |
Tim S. Nicholls | SVP, Printing & Communications Papers the Americas | |
Maximo Pacheco | SVP and President, IP Europe, Middle East, Africa and Russia | |
Carol L. Roberts | SVP and Chief Financial Officer | |
Sharon R. Ryan | SVP, General Counsel and Corporate Secretary | |
Mark S. Sutton | SVP, Industrial Packaging |
Any other individual elected to the position of Senior Vice President during 2012
A-1
EXECUTIVE MANAGEMENT INCENTIVE PLAN
2012 COMPANY BUSINESS OBJECTIVE
AND INTERMEDIATE PERFORMANCE OBJECTIVES
Plan Element | 162(m) Limit Approved by MDCC | |
COMPANY BUSINESS OBJECTIVE: | POSITIVE EBITDA BEFORE SPECIAL ITEMS | |
INTERMEDIATE PERFORMANCE OBJECTIVES: | SAME AS 2012 MANAGEMENT INCENTIVE PLAN OBJECTIVES |
S-1